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3232Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company
https://www.digit.info/tether-liquidates-celsius-bitcoin-loan-position-has-been-liquidated-with-no-losses-to-the-company/
Sat, 09 Jul 2022 16:30:40 +0000https://www.digit.info/2022/07/09/tether-liquidates-celsius-bitcoin-loan-position-has-been-liquidated-with-no-losses-to-the-company/Read more]]>On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius was “overcollateralized” by roughly “130%+.” Tether Liquidates Bitcoin Loan Taken […]
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius was “overcollateralized” by roughly “130%+.” Tether Liquidates Bitcoin Loan Taken […]